Net Jobs are Now Positive for Obama's Term

     About a month ago, after the DNC convention, Romney tried to temper the momentum by claiming that the President had not created a net job during his first term.

    At the time it was technically true although it was basically cherry picking the data nevertheless. First of all there is no justification for counting the huge monthly job losses that begun before the President got into office and lasted until June, 2009.

   As the Dems pointed out in Charlotte, since the stimulus went into effect in February, there had been robust job growth-in the private sector at least. Now, however, new adjusted numbers until March of this year shows that we now have net job growth even if you do factor in the job losses since the President got into office.

  Heather Boushey, the senior economist as the Center for American Progress writes:

  "New data released this morning by the Bureau of Labor Statistics shows that the private-sector added 450,000 more jobs as of March 2012 than previously thought. This means that the economy has crossed the threshold and more jobs have been created than lost during President Obama’s term.
This is a remarkable accomplishment—and one that would not have happened without the Recovery Act and other policies developed by this administration and passed by the 111th Congress in 2009."

  "When President Obama was sworn in, the economy was losing jobs to the unprecedented tune of over 20,000 per day. Between the beginning of 2008 and February 2010 when the tide began to turn, the economy lost nearly 8.8 million jobs—4.3 million on Obama’s watch and almost 4.5 million under President Bush’s."

   "In February 2009, the American Recovery and Reinvestment Act was signed into law and funds began almost immediately moving their way through the economy and the pace of job losses slowed, turning positive a year later. Since February 2010, including the newly revised data, the economy has added 4.4 million total payroll jobs, an average of 135,00 per month."

     http://thinkprogress.org/economy/2012/09/27/922251/explaining-todays-great-jobs-news/

     To be sure, the numbers aren't all good as yet. However, this is due to the public sector jobs-which Romney and company don't believe are real jobs. Note that Romney plans to actually cut government jobs, reduce the number of teachers-he's said more than once that class size "doesn't necessarily" matter:

    "Even so, today’s data contained another glaring statistic: the economy has lost more than 700,000 public sector jobs since 2009, holding back the overall recovery. Without those losses, our unemployment rate would be at least a full point lower."

    Had Romney's veep passed the President's job's bill that would have done a lot for this problem.

    Of course, the Romney campaign has since gotten over the idea that the economy is a magic bullet for him.